In the last trading session, 6.26 million shares of the Serve Robotics Inc (NASDAQ:SERV) were traded, and its beta was 4.90. Most recently the company’s share price was $11.34, and it changed around -$0.29 or -2.49% from the last close, which brings the market valuation of the company to $647.78M. SERV currently trades at a discount to its 52-week high of $24.35, offering almost -114.73% off that amount. The share price’s 52-week low was $1.77, which indicates that the current value has risen by an impressive 84.39% since then.
Serve Robotics Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended SERV as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight.
Serve Robotics Inc (NASDAQ:SERV) trade information
Instantly SERV has showed a red trend with a performance of -2.49% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 11.97 on recent trading dayincreased the stock’s daily price by 5.26%. The company’s shares are currently down -16.00% year-to-date, but still up 4.71% over the last five days. On the other hand, Serve Robotics Inc (NASDAQ:SERV) is 70.27% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $20, which translates to bulls needing to increase their stock price by 43.3% from its current value. Analyst projections state that SERV is forecast to be at a low of $17 and a high of $23.
Serve Robotics Inc earnings are expected to increase by 22.62% in 2025, but the outlook is positive 13.38% per year for the next five years.
SERV Dividends
Serve Robotics Inc’s next quarterly earnings report is expected to be released in June.
AWM INVESTMENT COMPANY, INC., with 5.3808% or 1.82 million shares worth $3.55 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 1.0 shares worth $11.34 million, making up 0.00% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held roughly 234.84 shares worth around $2.66 million, which represents about 0.00% of the total shares outstanding.